The problem is, your insurance premiums depend a lot on your unique business. But since it doesn’t help to say, “It all depends; contact your agent,” we’ll give you some insight into seven different factors that have an affect on the cost of business insurance. Read more →
Have you started seeing higher insurance premiums with less coverage?
A hard insurance market is likely to blame. (And the bad news? It’s just getting started.)
From a layperson’s point of view, your insurance policy can appear pretty nebulous. An underwriter puts your data into a computer, calculates a few algorithms, gazes into a crystal ball, reads some tea leaves, writes down the last number they dreamed about, and that’s your premium amount.
You probably already know your credit score, but did you know that you also have an insurance score?
If not, you’re not alone. Most people go their whole lives without knowing that their insurance score even exists, much less what it is. However, because your insurance score is used to calculate your premiums, this is one instance in which ignorance is not bliss.
In this article, we’ll discuss what your insurance score is, how it’s calculated, and why companies use it. Read more →
There are a lot of factors that help determine your home insurance rates, but none are so easy to control as proper home maintenance.
Taking care of your home prevents wear and tear, damage, and the stress of having to deal with a middle-of-the-night emergency. When your home performs the way it should, you not only live better, you can breathe easier. And so can your insurance company when they consider how much of your risk they are taking on.
More claims lead to higher home insurance rates, so proper home maintenance is one way to keep your premiums down. Read more →